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Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia plans phased expansion of biodiesel programme, minister says
KUB Obtains Shareholders’ Nod For RM100.4 Million Land Acquisition
03/08/2017 (Borneo Post) - KUB Malaysia Bhd (KUB) yesterday received shareholders’ approval at its Extraordinary General Meeting for the acquisition of a brownfield oil palm plantation land in Sungai Kinabatangan, District of Kinabatangan, Sabah.
Algorithmic Application For Import Duties Would Create A More Transparent Environment
03/08/2017 (Financial Express) - Three agro-commodities namely—edible oils, sugar and wheat—are engaging immediate attention of the government with respect to custom/import duties. Reasons—their prices abroad are much lower than in India. Domestic production of edible oil by oilseed crushing/refining units and sugar by sugar mills will stand to lose if duty free import is permitted or insufficient duty is applied, while farmers will suffer if duty free import of wheat is authorised.
PepsiCo Now Traces 90% of Palm Oil Back to the Mill to Ensure Future Supply
03/08/2017 (Environmental Leader) - Making food systems more sustainable – and thus ensuring a steady supply of the products necessary to food production – is a key factor in the ongoing financial success of food manufacturers, and an issue that is proving that sustainability is an important aspect of an overall business strategy.
Indian Soyoil Futures Fall For Second Straight Session
03/08/2017 (Reuters) - Indian soyoil futures were set to close lower for a second straight session on Wednesday, tracking rival Malaysian palm.
Malaysian palm oil/Vegoils: Market factors to watch Wednesday August 2
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Aug 2.
Indonesia's palm oil exports 'to hit record' in 2017-18
Indonesian palm oil exports will hit a record, lifted by better-than-expected production, and a boost to demand from the spring retreat in prices, US officials said.
Malaysian palm oil price dips on expectation of higher production
KUALA LUMPUR: Malaysian palm oil futures dropped on Tuesday evening, falling from a near four-month high the previous session, due to expectations of a rise in production in the coming months.
Palm oil may retrace more to 2,623 ringgit
SINGAPORE, Aug 2 (Reuters) - The palm oil October contract may retrace more to 2,623 ringgit per tonne, as it failed to break a strong resistance at 2,703 ringgit.
Crude palm oil futures maintain upward trend on strong demand
New Delhi, Aug 1 (PTI) Crude palm oil prices edged up by 0.10 per cent to Rs 492.40 per 10 kg in futures market today as speculators engaged in enlarging positions, taking positive cues from spot market on rising demand.
